Bambuser AB (publ) (OM:BUSER) entered in an agreement to acquire Jefferson AB on May 17, 2021. The Purchase Price which is based on an enterprise value of SEK 200 million as adjusted for net cash and working capital, is paid partly with 4,450,376 newly issued shares in Bambuser, equivalent to a value of SEK 100 million and partly through a cash payment of SEK 100 million as adjusted for net cash and working capital. The Consideration Shares are issued at a price of SEK 22.47 per share, equal to the VWAP on Nasdaq First North Growth Market during the ten trade days preceding this announcement (excluding todays trading).The two companies will operate and service customers independently. Relatable founder Martin Garbarczyk will join Bambuser's executive team as Chief Revenue Officer (CRO). Following completion of the transaction, the sellers of Relatable will hold approximately 2.205 percent of the outstanding shares and votes in Bambuser. The completion of the transaction is expected to take place on or around May 31, 2021. Baker & McKenzie Advokatbyrå KB acted as legal advisor while Owl Rock Capital Securities, LLC acted as financial advisor to Bambuser AB.